Markets

Apple has, of course, started work on the iPhone 8 scheduled for next year and the smartphone is expected to come with significant upgrades to celebrate the ten-year anniversary. One of the big changes is…

China’s largest online travel agency Ctrip.com soared 7% after reporting better-than-expected September earnings and providing a rosy outlook.Revenue for the September quarter jumped 75% from a year ago to 5.6 billion yuan, at the high…

Norway’s telecoms operator Telenor risks a €100 million fine for abuse of a dominant market position, the country’s competition authority warned on Wednesday. Telenor said it has received a draft decision from the Norwegian Competition…

Gold slumped on Wednesday after the durable goods report showed that US business spending continued to rebound last month.Orders for things built to last such as appliances rose 4.8%, the Census Bureau said, while business capital…

Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record output last month and as the US rig count rose again. London Brent crude for…

Oil prices settled more than 1 percent lower on Thursday as markets recovered from shock over US President-elect Donald Trump’s victory and focused on oversupply concerns, as well as whether OPEC will decide later this…

Stocks rallied on Wednesday following a chaotic night in markets that ended with a surprise victory for Donald Trump in the US presidential election The Nasdaq index was 1.1% higher at 5,251.07 points, the Dow Jones…

Sainsbury’s has posted a 10.1% fall in first-half profits to £277m as sales continued to decline. The supermarket giant said like-for-like sales sales fell 1% in the 28 weeks to 24 September. The Argos owner…

Japanese conglomerate Toshiba raised its annual operating profit forecast by 50% on Tuesday, saying it expects demand for its NAND flash memory chips to remain strong for the rest of the business year. “We expect…

If you’ve been planning on buying a new Tesla next year and enjoying free access to its Supercharger network, you’re not going to like today’s news. For all Tesla models ordered after January 1, 2017,…